Omaxe Pledges Rs 2,800 Crore for BeTogether Real Estate Ventures
Realty giant Omaxe has committed a significant investment of Rs 2,800 crore towards new real estate projects under its brand BeTogether. The focus will be on joint ventures and Public-Private Partnership (PPP) models.
Real EstateInvestmentPppOmaxeBetogetherReal Estate NewsJan 27, 2025
This move is aimed at reshaping urban and economic development through collaborative models.
The projects will primarily focus on joint ventures and Public-Private Partnerships (PPPs).
In a regulatory filing, Omaxe stated that the new brand BeTogether is dedicated to fostering collaborative real estate projects.
The current projects being undertaken by BeTogether are expected to entail a total investment of over Rs 2,800 crore.
One of the key initiatives under BeTogether is the 'BeTogether Centre Point Vrindavan' joint venture.
Additionally, the brand is partnering with the Uttar Pradesh State Road Transport Corporation (UPSRTC) on several PPP projects.
These projects aim to upgrade bus terminals in key cities such as Lucknow, Ghaziabad, Kaushambi, Ayodhya, Amausi, and Prayagraj.
Omaxe has a strong track record of successful projects spanning over 37 years.
The company has established a significant presence in 31 cities across 8 states in North and Central India, delivering more than 1,350 square feet of developed area.
This extensive experience positions Omaxe well to lead in the development of innovative and sustainable real estate solutions under the BeTogether brand.
on Omaxe Group
Omaxe Group is a leading real estate developer in North and Central India.
Founded over three decades ago, the company has built a reputation for delivering high-quality projects and innovative solutions.
With a presence in 31 cities across 8 states, Omaxe has consistently focused on meeting the real estate needs of a growing population.
The company's commitment to quality and customer satisfaction has made it a trusted name in the industry.
BeTogether's Vision
The BeTogether brand is envisioned as a platform for collaborative efforts in real estate development.
By leveraging joint ventures and PPP models, BeTogether aims to create projects that not only meet the immediate needs of communities but also contribute to long-term urban and economic growth.
This approach is expected to bring together the strengths of private developers and public entities, ensuring that the projects are both sustainable and beneficial to all stakeholders.
Future Projects and Partnerships
Looking ahead, BeTogether is expected to announce more projects in the coming months.
The company is actively exploring opportunities in various cities and is open to forming new partnerships that align with its vision.
The focus on PPPs and joint ventures is expected to attract a diverse range of investors and partners, further enhancing the scope and impact of BeTogether's initiatives.
In conclusion, Omaxe's Rs 2,800 crore investment in BeTogether marks a significant step forward in the company's growth strategy.
With a strong foundation and a clear vision, BeTogether is poised to make a meaningful impact in the real estate landscape of North and Central India.
Frequently Asked Questions
What is the total investment committed by Omaxe under the BeTogether brand?
Omaxe has committed a total investment of Rs 2,800 crore for projects under the BeTogether brand.
What is the primary focus of the BeTogether brand?
The primary focus of the BeTogether brand is on joint ventures and Public-Private Partnerships (PPPs) to reshape urban and economic development.
Which cities are included in the PPP projects with UPSRTC?
The PPP projects with UPSRTC include key cities such as Lucknow, Ghaziabad, Kaushambi, Ayodhya, Amausi, and Prayagraj.
How long has Omaxe been operational?
Omaxe has been operational for over 37 years, with a strong presence in 31 cities across 8 states in North and Central India.
What is the vision of the BeTogether brand?
The vision of the BeTogether brand is to create collaborative real estate projects that contribute to long-term urban and economic growth through joint ventures and PPP models.
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